In Excel, you can add a number of months to a date using the EDATE function. This can be very useful when performing financial modeling and you are adjusting time periods. This is a step by step guide on how to have Excel Add Months to Date.
For example, if you want to have a monthly financial model, you can add one month to the start date. If you want a quarterly financial model, you can add 3 months to the start date.
Thank you for reading CFI’s step by step guide to learning how to add months in Excel. As mentioned above, this is a very common practice in financial modeling and a very useful formula for financial analysts. The best way to become a master at Excel is by practicing… a lot.
To get more practice, check out these additional CFI self-study guides which will show you how to perform advanced functions and formulas: